Re: Uruguayan Lawmaker Proposes Bill to Treat Crypto as Legal Tender
Another good week, this good news about encryption, these developing countries will all be excellent potential users of cryptocurrency. It solved a lot of problems for them. In the future, it is very likely that Bitcoin will be in Asia, Africa and Latin America.
I am sure that it's going to met with an opposition, remember that when El Salvador finally did it, rally happened and people were not happy and satisfied with it saying that it's useless or something like that. I don't get the last part that you are saying, are you saying there's no crypto trend in those continents and region? I am pretty there are some countries in those region that already supports cryptocurrency.Don't worry about opposition; that's normal and expected. When you introduce significant change, it is almost impossible it won't be met with a certain degree of resistance. There'll always be people who get affected or whose businesses get disrupted with the new system.
Yes, there was a rally against the adoption of Bitcoin as a legal tender in El Salvador, but the rally was definitely blown out by the media. On the ground, it was simply a gathering of a handful of people.
From the angles preferred by the media:
https://twitter.com/Bitcoinbeach/status/1419197514264113161/photo/1
https://twitter.com/Bitcoinbeach/status/1419191321886003203/photo/2
A different angle:
https://twitter.com/Bitcoinbeach/status/1419189554175569920/photo/1